Commercial Metals Company (CMC)
Interest coverage
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 153,043 | 93,557 | 145,605 | 227,135 | 683,564 | 783,839 | 930,363 | 1,047,001 | 1,162,094 | 1,268,778 | 1,368,282 | 1,644,604 | 1,565,856 | 1,417,421 | 1,179,517 | 758,955 | 585,922 | 481,745 | 404,579 | 405,713 |
| Interest expense (ttm) | US$ in thousands | 45,498 | 45,495 | 46,748 | 47,459 | 47,893 | 44,010 | 40,771 | 38,838 | 40,127 | 46,098 | 50,653 | 52,719 | 50,709 | 48,138 | 46,670 | 48,680 | 51,904 | 54,207 | 57,651 | 59,518 |
| Interest coverage | 3.36 | 2.06 | 3.11 | 4.79 | 14.27 | 17.81 | 22.82 | 26.96 | 28.96 | 27.52 | 27.01 | 31.20 | 30.88 | 29.44 | 25.27 | 15.59 | 11.29 | 8.89 | 7.02 | 6.82 |
August 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $153,043K ÷ $45,498K
= 3.36